Resolutions and a peek into the life process
IT is a New Year. We all renew hope and make resolutions. I have never been particularly conformist about many things in life. From childhood, I have asked uncomfortable questions and thrown pebbles at orthodoxies. The conventional wisdom has never satisfied my search for answers about our often mysterious but lovely world, either the natural world that conditions us and which we are very much part of or the social canons of existence. So resolutions at the beginning of a new year often resembled for me, an admission of human weakness. If there is a thing to change, why wait till the beginning of a new year? But just for once, I fell into line and made a resolution which I have never betrayed.
Fasehun laments dearth of vibrant rights activists
President of the Oodua Peoples Congress, OPC, Dr Frederick Fasehun, Wednesday reviewed activities in the country in the outgoing year and conclude that Nigerians were not yet willing to challenge the political leaders to make them accountable for their actions.
Fire in my residence would have consumed me – Obasanjo
Former President Olusegun Obasanjo has said he would have been dead now if the fire which burnt part of his mansion in Abeokuta last week occurred in the night.
Obasanjo stated this while thanking the executive members of Peoples Democratic Party, PDP, Lagos State, who paid him a solidarity visit in his Abeokuta home.
Still on Justice Kayode Eso…
Honourable Justice Kayode Eso has come and gone and fittingly, much ink has flowed in the acknowledgement of his service to the legal profession and to mankind. His gargantuan contribution to our jurisprudence has been appropriately chronicled and will bear no repetition.
Nigerian students shine at World Robot Olympiad
Amongst four African countries that represented the continent in the 2012 World Robot Olympiad, Team Nigeria emerged first.
Nations Cup: Iroha begs for Odemwingie
Former Super Eagles defender Ben Iroha has sensationally ask for the recall of erring West Brom forward Osaze Odemwingie to the Super Eagles camp ahead of the Africa Cup of Nations in South Africa.
VC advocates use of social media for learning
Crawford University, Igbesa, Ogun State, recently graduated 253 students with the institutions Pro-Chancellor and Chairman of Governing Council, Prof. Peter Okebukola, calling on stakeholders in education sectors to embrace social media as one of the means of teaching students.
FG to hire 1,000 inspectors to monitor Weights & Measures policy
The Federal government has concluded plans to hire 1,000 inspectors (field officials) to police its weights and measures policy across the country, which is meant to ensure accuracy in weighing and measuring in Nigeria.
‘Why we instituted scholarship for Urhobo students’
Pan-Urhobo group of professionals, Atamu Social Klub of Nigeria, has explained the reason for its recent scholarship awards to 10 students in institutions of higher learning.
Stockbrokers link bullish trend to low yields from govt securities
Some capital market operators have attributed the 1.2 per cent growth recorded last week by the Nigerian Stock Exchange (NSE) to renewed interest in the equities market.
Stockbrokers stated that market growth followed decline in yields from treasury bills and government bonds. The stockbrokers in separate interviews said that the new stance of the Central Bank of Nigeria (CBN) to tackle inflation and rising debt profile contributed to the market growth.
It would be recalled that Mallam Sanusi Lamido Sanusi, the CBN Governor, on Dec. 26, 2012 warned Federal Government to stop accumulating debts for future generations. Sanusi said that the current level of debt, if unchecked, could cause hardship for future generations.
Alhaji Rasheed Yussuf, the Managing Director, Trust Yield Investment Ltd., said that investors were moving funds away from money market because of the Sanusi’s remarks on the increasing debt stock. Yussuf said that investors were also moving away from government securities to equities in anticipation of apex bank’s review of the monetary policies in 2013. He said that opportunities in the market were enormous and that institutional investors were taking positions in the market ahead of 2013. Yussuf said that the market was closing on a positive note this December for the first time since the market crashed. Mr. Emeka Madubuike, the Managing Director of Compass Securities Ltd., said that improved results declared by quoted companies boosted investor confidence in the market. Madubuike said that both retail and institutional investors increased their participation in the market so as to be part of the success story.
Mr. Wale Idowu, a stockbroker, said that the reforms introduced into the market needed to be sustained for sustainable growth. He said that there was the need for more investor education to increase local participation. NAN reports that the All Share index of the Nigerian Stock Exchange rose last week by 1.69 per cent to close at 27,866.51 against 27,402.05 recorded in the preceding week. Also, the market capitalisation of the listed equities grew by N147 billion to close at N8.907 trillion. This was against the decline of N90.95 billion recorded in the preceding week to close at N8.76 trillion.
Expert advises pregnant women on danger of diabetes
Jos—A diabetes specialist with Apex Diabetes Screening Centre, Mr Chima Adinu, has said that women who experience gestational diabetes had increased risk of developing Type 2 diabetes later in life.
